First-Floor Income
For Sale
$325,000
1607 RAINTREE LANE #1607, Malvern, PA 19355
Low-maintenance residence with an open layout, central air, gas heat, and access to a community pool.
Property Size1,700 SF
Price / SF$191.18
Days on Market114
Property Features for 1607 RAINTREE LANE #1607
General Information
Standard status
Active
Size
1,700 SF
Property subtype
Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Amenities
pool
Central
90% Forced Air
Central A/C
Building Details
Year Built
1972
Listed By:
Katie Lynch · License #RS332416
(484) 574-4782
Source:
Kw
Added: Jul 3
Changed: Oct 21
Last Checked: Oct 23 at 4:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Katie Lynch
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Investment Insights
Based on property information with market context.
This first-floor residential income property at 1607 Raintree Lane offers approximately 1,700 square feet with two bedrooms and one bath. The single-level layout includes connected living and dining areas, a kitchen with ample cabinet and counter space, a breakfast bar, and a primary bedroom with generous closet storage. Central air and 90% forced-air gas heat support year-round comfort, while the 1972 construction and condo setting provide a low-maintenance format.
Residents have access to maintained community grounds and a large in-ground pool. The property is within the Great Valley School District and is located near Malvern Borough shops and restaurants, King of Prussia Town Center, Routes 202 and 30, the Pennsylvania Turnpike, and regional rail service.
Residents have access to maintained community grounds and a large in-ground pool. The property is within the Great Valley School District and is located near Malvern Borough shops and restaurants, King of Prussia Town Center, Routes 202 and 30, the Pennsylvania Turnpike, and regional rail service.
Key Highlights
- Approximately 1,700 square feet with 2 bedrooms and 1 bath
- First‑floor, single‑level condo layout
- Open living and dining areas with breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,434
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,680
$368.7K
Cap Rate 7%
$263,343
$263.3K
Cap Rate 9%
$204,822
$204.8K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$36.3K $21.36/SF
− Vacancy
−$2.8K −$1.64/SF
EGI
$33.5K $19.72/SF
− OpEx
−$15.1K −$8.87/SF
NOI
$18.4K $10.84/SF
Area
Chester County, PA
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,680
Cap Rate 7%
$263,343
Cap Rate 9%
$204,822
Alternative Uses
Best Use
Apartment 5plus
$263.3K
$230.4K – $307.2K
NOI $18,434 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$515.4K
$451.0K – $601.3K
NOI $36,080 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
Demographics for 19355, PA
29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Low-maintenance residence with an open layout, central air, gas heat, and access to a community pool.
Where is this residential income property located?
The property is located at 1607 RAINTREE LANE #1607 Malvern, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 1,700 square feet with 2 bedrooms and 1 bath; First‑floor, single‑level condo layout; Open living and dining areas with breakfast bar
